Beth Jones Sanborn
Following the completion of its spin-off from Community Health Systems, Quorum Health Corp. on Friday reported a net loss of $5 million in the first quarter of 2016, which ended March 31, the company announced this week.
The South Side of Chicago now has a second Healthcare Center and Remote Consultation Pharmacy for HIV/AIDS patients. The new Hyde Park facility was officially unveiled this week, and will help extend services to the underserved community, the AIDS Healthcare Foundation said.
The study sought to measure whether having access to such a tool, and with it more price information, was associated with a reduction in annual outpatient spending in the first 12 months after the tool was introduced.
Alignment between the two systems will enhance Texas Health's network of care centers, which includes hospitals and outpatient facilities, that serve 7 million people in and around the Dallas-Fort Worth region.
Instead of slashing jobs to cut costs and increase profits, hospitals should focus on delivering high-quality customer experiences to widen their margins. That's the word from a new study released by Accenture, which shows that hospitals who delivered superior customer experiences increased their net margins by 50 percent over average-performing facilities.
When Leapfrog released their Spring 2016 patient safety grades recently, 15 hospitals got slapped with a very public 'F' grade casting a spotlight on them that no institution wants. But with more patients weighing public hospital grades, experts, as well as a few hospitals which have faced down bad grades, say denial is the last thing a poorly marked hospital should do.
The implementation of MACRA and the introduction of the Quality Payment Program is "flexible common-sense approach" for paying physicians, acting Centers for Medicare and Medicaid Services chief Andy Slavitt said at the American Hospital Association's annual membership meeting this week, though the government is actively seeking feedback on the new program.
A new study of the prevalence carbapenem-resistant enterobacteriaceae in 16 Washington, D.C. hospitals claims the dangerous, drug-resistant superbug is very present in area hospitals and healthcare facilities.
Gundersen Health CEO Scott Rathgaber and CFO Dara Bartels have called a Health Affairs study published this week that dubbed Gundersen Lutheran Medical Center the most profitable hospital in the United States misleading and "simply not true."
Community Health Systems' long-awaited spin-off of its rural health business into Quorum Health Corp. wrapped up on Friday. Quorum is now an independent public company, trading under the QHC ticker symbol on the New York Stock Exchange.